What to Look for When Buying a House: 15 Essential Tips from Real Estate Agents

Article summary:

• Create a prioritised list of must-haves before house hunting.
• Learn to identify hidden structural issues and potential defects.
• Evaluate both the property and the neighbourhood thoroughly.
• Consider smart home technology and energy-saving features.
• Get professional inspections for major concerns before purchase.

Buying a house is one of the most significant investments you’ll make in your lifetime, and knowing what to look for when buying a house can save you from costly mistakes and future regrets. This is especially crucial for first-time homebuyers who might feel overwhelmed by the process. To help you navigate this complex journey, we’ve gathered valuable insights from experienced real estate agents who share their top 15 tips on what to look for when buying a house.

Table of Contents

– Preparing for Your House Hunt
– Structural Assessment
– Property Features
– Location Considerations
– Smart Home Technology
– Professional Inspections
– Financial Considerations
– Key Takeaways

Preparing for Your House Hunt

1. Create a Must-Have List

Before you start viewing properties, create a detailed list of your requirements and preferences. This should include non-negotiable features (number of bedrooms, proximity to work) and nice-to-have elements (garden, swimming pool). Having this list ready will help you stay focused during viewings and prevent you from being swayed by attractive but ultimately unsuitable properties.

2. Get Pre-Qualified for a Home Loan

Work out what you can realistically afford by using a home loan comparison service. Pre-qualification gives you important insights into your credit score and borrowing capacity before you put in an offer. This positions you as a serious buyer when you find your dream home and ensures you don’t waste time looking at properties outside your budget.

3. Find a Reputable Estate Agent

The right estate agent will be invaluable in helping you find the right house in the right area at the right price. They bring market knowledge, negotiation skills, and access to properties that might not be publicly listed. Research and interview potential agents, asking about their experience in your target neighbourhoods.

4. Identify Hidden Defects

First impressions can be deceiving. Sellers typically present their homes in the best possible light, which might include cosmetic fixes to mask underlying problems. Look beyond the fresh paint and staging to check for:

– Cracks in walls (especially diagonal ones)
– Signs of water damage (stains, warped flooring, musty smell)
– Uneven floors or sagging ceilings
– Doors that don’t close properly
– Recent patch-ups that might be covering issues

5. Inspect the Roof Thoroughly

The roof is one of the most expensive components to repair or replace. Pay special attention to:

– Missing, cracked, or curling shingles
– Sagging sections
– Signs of water damage in the attic
– Age and condition of gutters and downspouts
– Evidence of proper ventilation

6. Check the Foundation

Foundation problems can be extremely costly. Look for:

– Large cracks in the foundation (especially horizontal ones)
– Doors and windows that stick or won’t close properly
– Sloping or uneven floors
– Gaps between walls, floors, or ceilings
– Moisture problems in the basement or crawl space

7. Look Beyond the Clutter

Different homeowners have varying tastes in décor. When viewing a property, try to look past temporary elements like:

– Wall colours and wallpaper
– Furniture arrangement
– Current owner’s belongings
– Outdated fixtures that can be easily replaced

Instead, focus on the property’s potential and permanent features that would be expensive or impossible to change.

8. Assess Indoor Comfort

The indoor temperature and climate control can significantly impact your comfort and utility bills:
– Notice how the house feels temperature-wise during your visit
– Check windows and doors for drafts
– Ask about insulation in walls and ceilings
– Inquire about average utility costs throughout the year
– Consider the placement and condition of heating and cooling systems

9. Examine Everything Thoroughly

Don’t be shy about conducting a detailed inspection during viewings:

– Open cupboards and check their condition
– Look under sinks for signs of leaks or water damage
– Flush toilets and run taps to check water pressure
– Lift loose carpets to examine the flooring underneath
– Test all electrical switches and outlets
– Open and close windows and doors to ensure proper operation

10. Investigate the Neighbourhood

The perfect house in the wrong location can still be a poor investment. Take time to:

– Visit the area at different times of day and week
– Talk to potential neighbours
– Check crime statistics with local police
– Research school quality if relevant to you
– Identify nearby amenities like shopping, healthcare, and recreation
– Assess traffic patterns and commute times to work or school

11. Research Future Developments

Area plans can affect your property’s future value and your quality of life:

– Check with the local planning department about pending developments
– Research infrastructure projects like new roads or public transport
– Investigate zoning changes that might affect the neighbourhood
– Look into planned commercial developments nearby

12. Evaluate Fibre-Optic Connectivity

High-speed internet is increasingly essential for work, education, and entertainment:

– Ask if fibre-optic cable is installed in the neighbourhood
– Check what internet service providers operate in the area
– Inquire about typical connection speeds
– Consider potential costs for installing new connectivity

13. Assess Energy Efficiency Features

Energy-efficient homes can save you money and reduce environmental impact:

– Look for solar panels and inquire about their ownership status
– Check for double-glazed windows and proper insulation
– Ask about energy-efficient appliances
– Inquire about smart thermostats and climate control systems
– Consider the orientation of the house for natural lighting

14. Review Security Systems

Home security is a top priority for many buyers:

– Evaluate existing security systems and whether they’re smart-enabled
– Check for security cameras, alarm systems, and entry controls
– Ask if systems can be controlled remotely via smartphone
– Assess perimeter security (fencing, gates, lighting)
– Inquire about neighbourhood watch programs

15. Check Smart Home Integration

Modern homes often feature integrated smart technology:

– Look for sensor technology that monitors environmental conditions
– Ask about automated lighting, heating, and cooling systems
– Check for integrated entertainment systems
– Inquire about voice control compatibility
– Consider the age and compatibility of existing smart systems

When to Call in the Experts

Some issues require professional assessment before making a purchase decision:

– Structural concerns: Hire a structural engineer if you notice foundation issues, large cracks, or sagging
– Electrical systems: Have an electrician inspect outdated wiring or electrical panels
– Plumbing problems: Get a professional plumber to assess ageing pipes or potential leaks
– Roof condition: A roofing specialist can provide estimates on remaining lifespan and repair costs
– Pest infestations: A pest inspector can identify termite damage or other infestations

Always insist on a comprehensive professional home inspection before finalising any property purchase. This small investment can save you from expensive surprises later.

Financial Considerations

Price Right

Research comparable sales in the area to ensure you’re paying a fair price. Not too high and not too low – a well-researched offer has a better chance of acceptance. Use home loan calculators to understand what you can afford and how different purchase prices will affect your monthly payments.

Understand All Costs

The purchase price is just one component of buying a house. Be prepared for:

– Transfer duties and legal fees
– Moving costs
– Immediate repairs or renovations
– Ongoing maintenance
– Property taxes and insurance
– Body corporate or HOA fees (if applicable)

Key Takeaways

When looking for what to buy when purchasing a house, remember these essential points:

1. Do your homework: Research neighbourhoods, get pre-qualified, and create a must-have list before you start viewing properties.
2. Look beyond cosmetics: Focus on structural integrity, systems functionality, and features that are expensive to change.
3. Think long-term: Consider how the property will meet your needs over time and how it might appreciate in value.
4. Get professional help: Work with reputable real estate agents and inspectors who can provide expert guidance.
5. Trust your instincts: Sometimes the right house gives you a feeling that goes beyond the checklist, but still verify everything with proper inspections.

Use South Africa’s leading home loan comparison service, ooba home loans, to prequalify you and determine what a bank might grant you for a bond. Click here to access ooba Home Loans’ free, online prequalification tool, the ooba Bond Indicator. When you’re ready to buy, you can apply for a home loan with ooba Home Loans.